FROM: U.S. EXPORT-IMPORT BANK
U.S. Exports Reach $2.3 Trillion in 2013
For Fourth Consecutive Year, U.S. Sets Export Record
Washington, D.C. – The United States has set another annual record for the fourth consecutive year by exporting $2.3 trillion in goods and services in 2013, according to data released today by the Bureau of Economic Analysis (BEA) of the U.S. Commerce Department.
The data also reveals that U.S. exports supported nearly 10 million American jobs in 2013.
In December, the U.S. exported $191.3 billion of goods and services.
“As the numbers prove, American entrepreneurs will continue to outperform their competitors in the global marketplace, as long as they are given a level playing field,” said Export-Import Bank Chairman and President Fred P. Hochberg. “Under the strategic direction established by President Obama’s National Export Initiative, we continue to export more goods at a record pace. By exporting $2.3 trillion in U.S. goods and services and supporting 10 million American jobs, America’s exporters continue to make critical contributions to our economy.”
Exports of goods and services over the last twelve months totaled $2.3 trillion, which is 44.0 percent above the level of exports in 2009. During the same timeframe, exports have been growing at an annualized rate of 9.5 percent when compared to 2009. Among the major export markets (i.e., markets with at least $6 billion in annual imports of U.S. goods), the countries with the largest annualized increase in U.S. goods purchases, when compared to 2009, occurred in Panama (25.9 percent), Russia (20.3 percent), Peru (19.6 percent), Hong Kong (19.2 percent), United Arab Emirates (19.1 percent), Colombia (18.5 percent), Chile (17.1 percent), Ecuador (16.8 percent), Argentina (16.3 percent), and Indonesia (15.5 percent).
